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I own a mobile home but pay lot rent. Is this considered owing a home? and can I deduct lot rent?
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posted
June 4, 2019
4:09 PM
last updated
June 04, 2019
4:09 PM
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I own a mobile home but pay lot rent. Is this considered owing a home? and can I deduct lot rent?
It is a home, ,owned by you --- and if you are on the deed of the home, then mortgage interest is deductible on itemized deduction. Property taxes including a portion of lot rent is generally reported as property taxes paid. That is federal. For the State taxes , many like MI, lot rent is included as part of property taxes paid. Please check yur state DOR
June 4, 2019
4:09 PM
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